Hardwyn India Limited Announces Q3FY26 Results and Withdraws Preferential Issue Application

Hardwyn India Limited held its Board of Directors meeting on February 14, 2026, at its registered office in New Delhi to announce quarterly results and make important corporate decisions. The meeting, which commenced at 06:30 P.M. and concluded at 07:00 P.M., addressed two significant matters concerning the company's financial reporting and capital structure. Q3FY26 Financial Results Approval The board approved the unaudited financial results for the quarter ended December 31, 2025, covering both standalone and consolidated financials. The company also released segment-wise revenue, results, assets and liabilities for the reporting period. Parameter: Details Reporting Period: Quarter ended December 31, 2025 Financial Type: Standalone and Consolidated Board Meeting Date: February 14, 2026 Meeting Duration: 06:30 P.M. to 07:00 P.M. The financial results were accompanied by Limited Review Reports from the company's statutory auditors for both standalone and consolidated accounts, ensuring compliance with regulatory requirements under SEBI regulations. Preferential Issue Application Withdrawal In a significant corporate decision, the board approved the withdrawal of the in-principle application filed with Bombay Stock Exchange for a preferential issue of equity shares. The application, originally submitted on October 18, 2025, pertained to the issuance of 25,376,751 equity shares. Application Details: Information Application Number: 249741 Original Filing Date: October 18, 2025 Proposed Issue Size: 25,376,751 equity shares Exchange: Bombay Stock Exchange Withdrawal Date: February 14, 2026 The company stated that the withdrawal decision was made after due consideration and discussion by the management. This move effectively cancels the proposed preferential issue that would have significantly increased the company's equity base. Regulatory Compliance Both announcements were made in compliance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Managing Director and CFO, Rubaljeet Singh Sayal (DIN: 00280624), signed the regulatory filings, ensuring proper corporate governance protocols were followed. The quarterly results disclosure fulfills the company's obligation to provide timely financial information to stakeholders, while the preferential issue withdrawal represents a strategic shift in the company's capital raising plans. Hardwyn India Limited has responded to BSE's inquiry regarding unusual trading activity in its shares, confirming that no material information is pending disclosure. The company issued this clarification on January 15, 2026, following BSE's email dated January 07, 2026, which sought explanations for recent volume and price movements. Regulatory Compliance Confirmation The company's management has categorically stated that there is no pending information or announcement requiring disclosure under the Materiality Policy framed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following key points were highlighted in the clarification: Parameter: Details BSE Scrip Code: 541276 Trading Symbol: HARDWYN ISIN Code: INE626Z01029 Inquiry Date: January 07, 2026 Response Date: January 15, 2026 Market-Driven Movement Assessment Hardwyn India Limited emphasized its commitment to timely and appropriate disclosures under the listing regulations. The company confirmed that all material events requiring public disclosure have already been communicated to the exchanges and investors. Management attributed the recent trading activity to normal market dynamics rather than any undisclosed corporate developments. The clarification specifically addressed concerns about unpublished price-sensitive information, with the company stating that the movement in price and volume appears to be purely market-driven. This response aligns with standard regulatory practices where companies must explain unusual trading patterns to maintain market transparency. Management Statement The clarification was signed by Rubaljeet Singh Sayal, Managing Director and CFO (DIN: 00280624), on behalf of Hardwyn India Limited. The digital signature was authenticated on January 15, 2026, at 15:22:10 IST, ensuring the document's authenticity and compliance with electronic filing requirements. This proactive communication demonstrates the company's adherence to regulatory guidelines and commitment to maintaining transparent investor relations. Such clarifications are routine when exchanges notice unusual trading patterns and help maintain market integrity by ensuring all relevant information is publicly available. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. 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